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Rules and Consequences of the Digital Ruble Adoption
[Правила И Последствия Внедрения Цифрового Рубля]

Author

Listed:
  • Sergey M. Drobyshevsky

    (Gaidar Institute for Economic Policy)

  • Еlena V. Sinelnikova-Muryleva

    (Russian Presidential Academy of National Economy and Public Administration)

Abstract

The digital ruble law, which is coming into force, essentially means the emergence of a new form of money in Russia. This is the Central Bank’s digital ruble, intended for mass use by households and businesses. In this regard, it is important to assess the features, advantages and, at the same time, limitations of using the digital ruble, as well as the implications for the banking sector.

Suggested Citation

  • Sergey M. Drobyshevsky & Еlena V. Sinelnikova-Muryleva, 2023. "Rules and Consequences of the Digital Ruble Adoption [Правила И Последствия Внедрения Цифрового Рубля]," Russian Economic Development, Gaidar Institute for Economic Policy, issue 8, pages 45-50, August.
    • Handle: RePEc:gai:recdev:r2366
    as

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    File URL: http://www.iep.ru/files/RePEc/gai/recdev/r2366.pdf
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    References listed on IDEAS

    as
    1. Anneke Kosse & Ilaria Mattei, 2023. "Making headway - Results of the 2022 BIS survey on central bank digital currencies and crypto," BIS Papers, Bank for International Settlements, number 136.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    digital ruble; transactions with digital ruble; advantages and disadvantages of the use of the digital ruble;
    All these keywords.

    JEL classification:

    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • G20 - Financial Economics - - Financial Institutions and Services - - - General

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